2023 BZD to MUR Historical Review

YEARLY HIGH

23.4966 MUR

YEARLY LOW

21.6432 MUR

YEARLY AVERAGE

22.3887 MUR

2023 BZD to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BZD to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 13, valuing the pair at 23.4966. Conversely, the yearly low was recorded on January 13, dropping to 21.6432.

This high-to-low spread represents a total annual volatility of 1.8534 MUR. From a start-to-finish perspective, comparing the January average rate of 21.8919 to the December average rate of 21.8779, the exchange rate registered a net change of -0.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 23.4966 was up 2.04% compared to the 2022 peak of 23.0270, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 BZD based on timing:

Yearly Peak High 117,483 MUR

2022 Average 109,754 MUR

Yearly Trough Low 108,216 MUR

Transaction Impact: A difference of 9,266.82 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

23.2280

21.7552

JanuMarcMayJulySeptNove

BZD to MUR Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 22.5482, compared to 22.2291 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3191 points.

H1 Avg (Jan–Jun) 22.5482

H2 Avg (Jul–Dec) 22.2291

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 1.1965 MUR (High: 23.1260 / Low: 21.9295). On the other end, October was the most stable month, with a tight range of 0.1866 MUR (High: 22.1023 / Low: 21.9156).

February Spread (Volatile) ±1.1965

October Spread (Stable) ±0.1866

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.6871 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.6871

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 23.1052) against the same month in 2022 (average: 22.0042), the exchange rate shifted by +1.1010 (+5.00%).

2023 Avg (March) 23.1052

2022 Avg (March) 22.0042

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	22.3930	21.6432	21.8919
February	23.1260	21.9295	22.6811
March	23.4966	22.5646	23.1052
April	22.6214	22.2519	22.4181
May	22.7334	22.3315	22.5469
June	22.9372	22.4795	22.6462
July	22.9538	22.4410	22.6349
August	22.8803	22.3393	22.5687
September	23.1131	22.0389	22.3226
October	22.1023	21.9156	22.0061
November	22.2869	21.8760	21.9646
December	22.1522	21.6699	21.8779